Current Use by Public Records
- Retail properties & Spaces
Property Details for 898 2550
- Lot size
- 0.56 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
Canyon Gate Shopping Center presents a unique investment opportunity in Spanish Fork, Utah. This single-story retail property, encompassing 62,735 square feet on a 0.56-acre lot, offers 24,394 square feet of net rentable space. Located at 898 S 2550 E St, Spanish Fork, UT 84660, the center benefits from a highly desirable location, boasting an average daily traffic count of 24,000 vehicles. Its strategic placement on Highway 6 makes it the last or first stop for travelers heading to popular destinations such as Moab, Arches National Park, Canyonlands National Park, and Lake Powell. The property's proximity to a Walmart Fuel Center (one of over 450 nationwide) and the new Maple Mountain High School (with 1,600 students) only one mile away further enhances its appeal. This high-growth area offers significant potential for future development and increased profitability. The asking price is $575,000, translating to $23.57 per square foot. This retail land presents a compelling investment opportunity in a thriving Utah County community. The property is ideally suited for a variety of retail uses and benefits from its high visibility and convenient access.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spanish Fork
- County
- Utah
- State
- Utah
- Longitude
- -111.614
- Latitude
- 40.0981
